The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - Taxable bonds are projected to have about 7  percent interest rates in fall 2023 —or 1.35  percent higher than tax-exempt bonds. As a result, the annual debt service savings on these taxable bonds is about $5  million more than tax-exempt bonds.
https://lao.ca.gov/Publications/Report/4709

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - This suggests the potential for at least similar economic benefits if state resources used for film tax credits were instead allocated to other purposes. Does Not Pay for Itself. A recent study from the Los Angeles County Economic Development Corporation found that each $1 of Program 2.0 credit results in $1.07 in new state and local government revenue.
https://lao.ca.gov/Publications/Report/4713

Effect of Returning to Historical Estimated Tax Payment Schedule [Publication Details]

Feb 27, 2023 - Effect of Returning to Historical Estimated Tax Payment Schedule [Publication Details] Effect of Returning to Historical Estimated Tax Payment Schedule Format: HTML Description: Returning personal and corporate income tax estimated payment amounts to four equal payments, beginning in tax year 2024, would shift about 8 percent of
https://lao.ca.gov/Publications/Detail/4722

The 2023-24 Budget: Sexual Assault Evidence Kits Testing Mandate

Feb 27, 2023 - Additionally, 12 counties and 8 cities operate and fund their own laboratories and conduct such testing. ( We note that local agencies also contract with private or other governmental laboratories for services.)
https://lao.ca.gov/Publications/Report/4714

The 2023-24 Budget: Racial and Identity Profiling Mandate

Feb 27, 2023 - Specifically, the Commission found that this requirement imposed new state-mandated activities and costs on county and city government agencies employing law enforcement officers for police protection services —but not K-12 school districts or community college districts that employ law enforcement.
https://lao.ca.gov/Publications/Report/4715

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - Effect of Returning to Historical Estimated Tax Payment Schedule Effect of Returning to Historical Estimated Tax Payment Schedule Background Some Taxpayers Make Estimated Tax Payments Throughout the Year.
https://lao.ca.gov/Publications/Report/4722

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - Federal programs include tax incentives for households to purchase ZEVs, grants for charging infrastructure, funding for electric buses and truck electrification, and funding to promote cleaner vehicle technologies.
https://lao.ca.gov/Publications/Report/4708

The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population [Publication Details]

Feb 23, 2023 - The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4703

The 2023-24 Budget: Department of Justice Budget Proposals

Feb 23, 2023 - For example, wage theft ‑related legal action can address business practices (such as employee misclassification or tax evasion) that are harmful to workers. DOJ has provided sufficient workload justification for these proposals that suggests additional resources appear to be needed.
https://lao.ca.gov/Publications/Report/4701

The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population

Feb 23, 2023 - While counties receive realigned sales tax revenue to support the PRCS population, this funding does not get m oved forward in time to reflect people starting their supervision terms earlier. Accordingly, there were concerns that counties could face cash-flow problems when temporary increases in the PRCS population occur.
https://lao.ca.gov/Publications/Report/4703